The UAE financial markets on Tuesday posted gains of around AED4.1 billion in market cap driven by “continued upbeat sentiments,” WAM reported.
The gains were notable in the realty and banking sectors, and cash inflows by institutions and individuals alike.
Dubai General Index (DFMGI) advanced 0.79 percent to 3,463.5927.16 pts for Emaar Development, with property blue chip closing higher at AED4.80 and AED6.04 for Emaar Properties.
Other stocks such as Emirates NBD, DEWA, and TECOM rose by 0.74 percent, 0.77 percent and 1.25 percent, respectively.
“Abu Dhabi Index (FTFADGI) closed slightly 0.02 percent down to 9970.11 pts affected by conglomerate International Holding Company (IHC.AD), traded as ASMAK, slipping slightly down to AED338.800, after AED302 million of liquidity and NBAD following suit to AED19.560,” WAM said.
Abu Dhabi’s Alpha Dhabi rose by 0.17 percent to AED24.240 and Multiply 0.46 percent up to AED2.180.
ADNOC Distribution moved from 1.75 down to AED4.490.
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